Originally Posted by
hhnngg1
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It's EASY to figure out why Palo Alto South Bay is so expensive.
Between the natural beauty, amazing weather, convenience of living near all things you need, true multiculturalism, high level of education and income, and abundance of protected nature preserves even in busier residential areas, it's stunningly obvious to most people why this place is so expensive. The leisure is great, but the everyday LIFE is even better - as long as you can afford the place you live in.
28.6% of Silicon Valley employees are in the tech industry with an average salary of $144,800 and many of those people are in dual-income households (some with spouses in the business). The San Jose-Sunnyvale-Santa Clara metro area also has the most millionaires and billionaires per capita in the United States.